Overhead Conductor Market is set to reach over 4 million ckt km by 2024

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Overhead Conductor Market to surpass 29bn by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Overhead Conductor Market

• Global Market Insights, Inc. says, Overhead
  Conductor Market size will exceed USD 29 billion
  by 2024.
• Growing regulatory measures toward accruing
  transmission line losses across the globe will
  stimulate the overhead conductor market size.
• Ongoing reforms pertaining to energy efficiency
  coupled with the integration of smart networking
  technologies will lead to the enhancement of the
  existing transmission networks.
• The U.S. overhead conductor market size is set to
  reach over 400 000 ckt km by 2024.
• Furthermore, grid integration of renewable
  technologies coupled with the ongoing expansion
  of cross-border transmission networks will
  further complement the industry outlook.
• 221 kV to 660 kV in 2016, dominated the overhead
  conductor market share owing to large-scale
  demand for electricity from industrial
  establishments.

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Continued...

• Stringent energy efficiency protocol favored by
  advancing conductor composition technologies will
  further thrust the business outlook.
• Rapid industrial expansion coupled with ongoing
  urbanization across developing economies of Asia
  Pacific Africa have instituted a favorable
  business layout.
• Industry participants across the sub-continents
  on account of favorable investment and regulatory
  prospects have witnessed the fabrication of a
  competitive industrial platform.
• China overhead conductor market is anticipated to
  witness growth over 1 by 2024.
• High temperature overhead conductor market is
  anticipated to exceed USD 10 Billion by 2024.
• Notable players across the overhead conductor
  market include ZTT, Prysmian, Sumitomo, APAR,
  LAMIFIL, Neccon, Nexans, CTC, General Cable, 3M,
  Taihan, Midal, Alfanar, Sterlite, Coreal,
  Versalec, Gulf Cable, KEI, LS Cable, Jeddah,
  SWCC, Oman Cables, Elsewedy, Bekaert, and others.

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U.S. Overhead Conductor Market Size, By Voltage
(USD Billion)

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